Golden Entertainment reported a decrease in revenue and net income for the third quarter of 2022. The company's revenue was $279.0 million, a 1% decrease compared to the third quarter of 2021. Net income was $14.0 million, a significant decrease compared to $29.1 million in the same period last year. The company is selling Rocky Gap Casino Resort for $260 million.
Third quarter revenue was $279.0 million.
Net income for the third quarter was $14.0 million.
Adjusted EBITDA was $61.1 million.
The company entered into agreements to sell Rocky Gap Casino Resort for $260.0 million.
Company is focused on core operations, maintaining balance sheet strength and returning capital to shareholders.
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